5 Music Stars Who Support GOP Candidates

Feb 19, 2012, 6:27 pm EDT
5 Music Stars Who Support GOP Candidates

In most cases, rock stars have not supported Republican candidates for president, or even the GOP itself.  How many times have we heard about a candidate borrowing a popular rock song, like Bruce Springsteen’s “Born in the U.S.A.” and the Ronald Reagan campaign borrowing it mistakingly as an unabashed anthem in support of the U.S.? This election season, though, things are different.

Politico has compiled a list of famous musicians who have thrown their support to one of the Republican candidates for president. Below are five of the most interesting stars, and who they support. Kelly Clarkson — Ron Paul

Kelly Clarkson, the winner of the first American Idol season and multi-Platinum recording artist, expressed her support for Texas Rep. Ron Paul in a December 29, 2011 tweet, though she also expressed doubts that Paul would actually win the GOP nomination. Read 

Congress Finally Does Something

Feb 19, 2012, 5:45 pm EDT

After months of bickering and high drama on Capitol Hill over whether or not to extend the 2011 payroll tax cut, unemployment benefits and payments to Medicare providers, Congress passed a bill Friday that will extend all three of these elements for the rest of 2012.

The final legislation was basically a good deal all around: arguments over spending cuts and millionaires didn’t stymie the entire process, the GOP got a little of what it wanted and broadband access should get faster and more reliable. Debates over spending cuts don’t have to block everything

It became clear Friday that this Congress can actually work together to pass legislation, even in an election year. Perhaps it is the record low approval rating of Congress (only 10% of Americans currently approve of the work Congress is doing), combined with the slowly rising approval rating of President Obama (now at 50% according to the New York Times) that finally scared the GOP into agreeing to this tax cut. Read 

Congress to Extend Payroll Tax Cut

Feb 17, 2012, 5:00 am EDT

With rising gas prices, soaring apparel costs and increasing tuition costs, American consumers could use a break. Lately, disposable income and consumer confidence have been making modest gains, but there is still a lot of uncertainty that is keeping consumer’s wallets closed. So, I was happy to see that Congress voted Friday to extend the payroll tax cut. The measure passed in the House by 293 to 132, and cleared the Senate with a 60 to 36 vote.

This was a rare sign of bipartisanship in a chronically gridlocked Congress. But, the measure didn’t pass without a few tweaks. Basically, on each worker’s first $110,100 in annual wages, the Social Security tax will remain at 4.2% rather than getting hiked up to 6.2%. It’s estimated this $100 billion plan will put about an extra $1,000 in the pockets of the average family.

Republicans got their victory by eliminating a cut in Medicare-funded payments to doctors and extended payment rates through year-end. Democrats got to maintain the federal jobless benefits program through 2012, but there are measures in place to gradually decrease the maximum period from 99 weeks to 73 weeks. Also, if a recipient losses his/her job due to a failed drug test, they would be required to take an additional test to qualify for benefits. Read 

How The Detroit Three Could Give Romney’s Michigan Hopes A Flat

Feb 16, 2012, 7:12 pm EDT

The Feb. 28 Michigan primary should have been a quick spin around the block for favorite son Mitt Romney. He was born in Detroit to an auto industry executive who eventually would turn around the struggling American Motors Corp. and become governor of Michigan. Instead, the former GOP frontrunner is in the race of his political life, trailing former Pennsylvania Sen. Rick Santorum by as much as 10 points in two polls released on Wednesday.

But the former Massachusetts governor’s toughest primary opponent in Michigan may not be the surging Santorum, but resurgent Detroit automakers. Romney, who famously urged lawmakers to “Let Detroit Go Bankrupt” in a 2008 New York Times op-ed piece , can chalk up his flagging fortunes in part to the rising tide at General Motors (NYSE: GM), Ford (NYSE: F) and Fiat SpA’s Chrysler. And with that tide starting to lift the ships of Michigan’s small businesses and “working families,” Romney’s vigorous defense of his position sounds oddly out of touch to voters.

“All politics is local,” the late House Speaker Thomas “Tip” O’Neill once said. That, better than anything, explains why GOP voters who, in principle, oppose massive government bailouts of private industry are poised to punish Romney for arguing that automakers should have been allowed to sink four years ago. Read 

Yahoo’s Pick For Presidential Election?

Feb 16, 2012, 6:31 pm EDT
Yahoo’s Pick For Presidential Election?

In today’s 24/7 news cycle, where even the smallest events can get hours and hours of coverage, presidential elections are like the king’s feast. There are TV ads to talk about, stump speeches to rate, debates to grade, and more polls than you can shake a pole at. All, of course, with one goal in mind: figure out who the next president will be.

Or, if you’re Yahoo! (NASDAQ:YHOO), you write a program to do all the guessing for you.

Rather than look at polls, campaign strategies, or even the candidates themselves, Yahoo! scientists created a prediction engine based on factors that were better predictors of electoral success, like economic factors and the electorate’s political ideology. They fed this engine the results of the last 10 presidential races, along with corresponding economic, political, and social indicators, and found their algorithm was successful 88% of the time in matching historical results. Read 

Romney’s Campaign Leans on Lobbyists

Feb 15, 2012, 6:55 pm EDT
Romney’s Campaign Leans on Lobbyists

For a candidate who has based much of his campaign on running as an outsider to President Barack Obama and Washington, Mitt Romney’s campaign sure depends a lot on lobbyists.

These lobbyists have done everything for the campaign from directly donating money to him to “bundling” donations from others to serving as advisers.

For instance, nearly 300 registered lobbyists gave the campaign just over $400,000 through the end of 2011. Sixteen top “bundlers”, including supporters of Microsoft (NASDAQ:MSFT) and tobacco company Altria (NYSE:MO), raised $2 million for the campaign. Read 

1 214 215 216 217 218 259